X-Message-Number: 447 From att!compuserve.com!73310.3023 Fri Sep 13 01:18:03 EDT 1991 From: "John S. Gilliam, M.D." <> Subject: CRYONICS and Insurance Hello to the group: I'm new here and this is my first time to query all of you as a group. At first I'm sure I'll be asking many questions, but I also hope to be able to contribute. I'm not so much concerned with superhuman AI, uploading, and new life forms as I am practical matters at this point, such as how to buy insurance for the kids. I am at the stage of trying to choose a group to go with (this should draw some comments) and I've talked with both ACS (which would use TransTime) and ALCOR. I have been looking at materials from ACS for the last 4 months or so and I should be receiving the info from ALCOR any day now. I plan to make a trip to California before making the final decision. My background is not in research. I'm a clinician currently practicing Trauma Emergency Medicine. Now to my question. Buying term life for myself and my wife is easy. We'll probably eventually convert to whole life, or as the estate gets bigger just drop the life insurance when it's no longer needed to cover suspension costs. The trick is the kids. My Mass Mutual agent tells me that you can't buy term life for small children. I priced their whole life policies for children and they are expensive for the $120,000 needed for whole body storage. I have small whole life policies on each right now. That's costing about $75 per month. That provides about $32,000 in current death benefit for each child. To get the death benefit up to $120K per child will run me another $250 per month for the three of them. This seems a little high to me. I'm sure their whole life is a good product, but it may not be exactly what I need. What I need now is maximized death benefit for the children which is usually not the emphasis on a whole life policy for children. Any ideas? Thanks to everyone, John Gilliam, M.D. Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=447